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dennis: thank you for being with us, john brown, good to see you again. take care. cheryl: we are getting breaking news into fox business. according to partners at the wall street journal there's a deal in place to bring apple products to markets together with deutsche telekom. the chairman of deutsche texaco, calling it the final piece of the jigsaw to boost competitiveness in our t mobile usa deepened abilities of breaking news is apple and t mobile usa have struck a deal, one of the last pieces, the distribution model. dennis: t mobile is getting the iphone 5 or something. good for them. dennis: legalized pot in washington state and colorado. remember the feds say no way. dennis: gas prices coming down just in time for your christmas shopping trips. we will check with phil flynn to find out why. as we do every day at this time look at oil, down 2%. [ male announcer ] this is steve. he loves risk. but whether 's climbing evert, scuba diving the great barrier re with sharks, or jumping into the marke he goes with people he trus, which is why he trades with a compan
dennis: thank you for being with us, john brown, good to see you again. take care. cheryl: we are getting breaking news into fox business. according to partners at the wall street journal there's a deal in place to bring apple products to markets together with deutsche telekom. the chairman of deutsche texaco, calling it the final piece of the jigsaw to boost competitiveness in our t mobile usa deepened abilities of breaking news is apple and t mobile usa have struck a deal, one of the last...
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we are expected to see john boehner speak. am i wrong in assuming we did not think we will get any comments from either side? >> you are right. the issue with that is typically when you are making progress you won't hear from the principals or get any leaks and we have seen that the last couple days but we heard from john boehner friday and the president yesterday so people have been talking and there are folks around town seeing that as a negative indication and sources have told us it has been slow going in these negotiations. cheryl: rich edson. dennis: the dow losing 112, they're starting to catch wind that john boehner will say something depressing instead of hopeful. clearly betting on good news. cheryl: rich edson obviously standing by, thank you, we will take those live comments from john boehner when you guys appear on the house floor. dennis: i will go with this. even if we do avoid the fiscal cliff our next guest says a european blow up and apple topping out could be bigger holders for the market in 2013. there is g
we are expected to see john boehner speak. am i wrong in assuming we did not think we will get any comments from either side? >> you are right. the issue with that is typically when you are making progress you won't hear from the principals or get any leaks and we have seen that the last couple days but we heard from john boehner friday and the president yesterday so people have been talking and there are folks around town seeing that as a negative indication and sources have told us it...
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Dec 13, 2012
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again, we are waiting for speaker john boehner. i mentioned a moment ago that the speakership and job is on the line. he will come out, rich erickson was telling us, the missing ingredient is the spending cuts. the president has not been serious. where do you think we are in all of this? charles: this whole thing came about because of the debt ceiling compromise. now it feels like that entire thing has been flip-flopped. connell: i guess you would not have known all these things back then. charles: hind sight is 2020. what he may be prepared to accept now and what it was then. connell: the president called him up that day. we were actually down in d.c. that day. we thought there was going to be a deal. apparently, behind-the-scenes, the president was saying no. i need the more revenue. the speaker said, forget about it. charles: also, there is a lot of anxiety within the republican party. and lot of conservatives are newer breed. the tea party breed. despite what the media says, the tea party presented a major challenge. it was a s
again, we are waiting for speaker john boehner. i mentioned a moment ago that the speakership and job is on the line. he will come out, rich erickson was telling us, the missing ingredient is the spending cuts. the president has not been serious. where do you think we are in all of this? charles: this whole thing came about because of the debt ceiling compromise. now it feels like that entire thing has been flip-flopped. connell: i guess you would not have known all these things back then....
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charles: i get to bring in john mcafee. melissa: nicole petallides on the floor of the new york stock exchange watching. nicole: we're taking a look, very carefully for a few reasons. they day they have had good business headlines for you. they plan to spin off the unit, security business. it snakes mechanical and electric locks, steel doors. they will spin it off into a new company coming from pressure from one of the shareholders to unleash the more shareholder values, this is one of the ways they're doing it. known for heating and cooling systems. don't forget th they recently raised quarterly dividends. melissa: thank you so much. lori: what can i do about using the uncertainty. we'll be joined to talk about the policy. melissa: there you can see the dow is weaker against the euro and tte pound. we will be right back. withidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calc
charles: i get to bring in john mcafee. melissa: nicole petallides on the floor of the new york stock exchange watching. nicole: we're taking a look, very carefully for a few reasons. they day they have had good business headlines for you. they plan to spin off the unit, security business. it snakes mechanical and electric locks, steel doors. they will spin it off into a new company coming from pressure from one of the shareholders to unleash the more shareholder values, this is one of the ways...
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the speaker of the house john boehner. let's listen in. >> the tax hikes that the president campaigned on, that had more stimulus spending then cuts. and indefinite, infinite increase on the debt limit forever. four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counter offer from the white house. reports indicate that the president has adopted a strategy to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code, the president wants to raise tax rates. even if the president that the tax rate hike that he wanted, understand that we will continue to see trillion dollar deficits for as far as the eye can see. washington has a spending3 problem, not a revenue problem. if the president does not agree with our proposal, i believe he has an obligation to families and small businesses to offer a plan of his own. we are ready and eager to talk to the president about such plan. >> you did speak with the pre
the speaker of the house john boehner. let's listen in. >> the tax hikes that the president campaigned on, that had more stimulus spending then cuts. and indefinite, infinite increase on the debt limit forever. four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counter offer from the white house. reports indicate that the president has adopted a strategy to slow walk our economy right to the edge of...
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we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things along pushing us along throughout this entire last six months. lori: absolutely. thank you so much, nicole petallides on the floor of the new york stock exchange. protests turn violent in lansing, michigan, as union protesters ripped down a tent belonging to right-to-work supporters. becoming the 24th right-to-work states today allowing workers to get the right to join unions. jeff flock is in lansing michigan covering
we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top....
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. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of cake. he thinks it is too late to get anything done before the end of the year as both sides are too far apart on key issues. joining us now, financial economist at jefferies. we think it is too late, we're going over the cliff. how come? >> not enough time to address all the issues that need to be addressed. especially they will talk o on a phone only once per week. it has been some progress on the tax cut side in terms of tax reform that could raise a type of revenue that we are going to need, but as f
. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they...
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chief moody's economist, john lonski and deutsche bank. much on that topic and other things. melissa: as we do every 15 minutes, let's check on the markets. nicole petallides on the floor of the new york stock exchange. nicole, lots of cuts for pandora today. >> we were watching pandora yesterday late after the bell and came out with quarterly numbers and quickly the stock began to sell off. that has translated into today the action you are seeing. you will see down arrows right here. it has been down over 20% like it is right now. it is down $1.91 to 7.54. this is outlook giving well below the analyst expectations. they're seeing a loss in the fourth quarter. they're talking about full-year guidance that will be below the analyst expectations. revenue that is also not, not stellar and certainly not meeting what wall street had been hoping for. as a result, pandora media is really tanking today. shareholders can not be pleased with a loss of over 20%. back to you. lori:. melissa: no, i would say. nicole, thanks so much. lori: great scott! the could this be the taxi of future.
chief moody's economist, john lonski and deutsche bank. much on that topic and other things. melissa: as we do every 15 minutes, let's check on the markets. nicole petallides on the floor of the new york stock exchange. nicole, lots of cuts for pandora today. >> we were watching pandora yesterday late after the bell and came out with quarterly numbers and quickly the stock began to sell off. that has translated into today the action you are seeing. you will see down arrows right here. it...